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Argumentation is considered the most important way humans can deal with conflicting information (Besnard & Hunter, 2008) by finding and organizing justifications for proposed claims. Argumentation is widely used in several domains such as law, politics and management (as decision support)....
Persistent link: https://www.econbiz.de/10011195793
Argumentation is nowadays seen both as skill that people use in various aspects of their lives, as well as an educational technique that can support the transfer or creation of knowledge thus aiding in the development of other skills (e.g. Communication, critical thinking) or attitudes. However,...
Persistent link: https://www.econbiz.de/10011067059
The aim of this research is to analyze whether and when ratings are informative signals about the quality of movies. The ratings data of Netflix is used to fit a structural Bayesian learning model. This model links revealed experience utilities of raters, previous consumers, to the product...
Persistent link: https://www.econbiz.de/10005622704
Traditional research of decision-making has not significantly contributed towards better understanding of professional judgment and decisions in practice. Researchers dealing with decision-making in various professions and natural settings initiated new perspectives called naturalistic, which...
Persistent link: https://www.econbiz.de/10008497541
This paper inquires how the concept of the "learning economy" can be applied to the requirements of developing countries. The main purpose is to develop an analytical framework to better understand how learning and capability formation can foster industrial upgrading. Special emphasis is given...
Persistent link: https://www.econbiz.de/10005839223
Consumer review websites leverage the wisdom of the crowd, with each product being reviewed many times (some with more than 1,000 reviews). Because of this, the way in which information is aggregated is a central decision faced by consumer review websites. Given a set of reviews, what is the...
Persistent link: https://www.econbiz.de/10010942889
When people learn to make decisions from experience, a reasonable intuition is that additional relevant information should improve their performance. In contrast, we find that additional information about foregone rewards (i.e., what could have gained at each point by making a different choice)...
Persistent link: https://www.econbiz.de/10008633246
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Persistent link: https://www.econbiz.de/10011903558
Within the setting of two simple two-person coordination games the formation of subjective strategies is observed experimentally. Though the structure of the game is unknown players use their actions in order to coordinate on a specific equilibrium. Strategies enable them to interpret the...
Persistent link: https://www.econbiz.de/10005824105